Alleviate Financial Solutions, LLC
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Alleviate Financial Solutions, LLC - overview
Established
2018
Location
Irvine, CA, US
Primary Industry
Financial Services
About
Alleviate Financial Solutions, LLC, based in the US, specializes in consumer debt relief services, assisting individuals struggling with credit card and unsecured debts through tailored programs. Founded in 2018 and headquartered in California, US, Alleviate Financial Solutions focuses on providing consumer debt relief. The company has successfully closed its first deal, securing significant funding in its latest round. In November 2025, it raised USD 150 mn from Sound Point Capital Management, bringing the total amount raised to USD 150 mn.
The funding will aid in further development and integration of their platform. Alleviate Financial Solutions delivers consumer debt relief services, specifically aimed at individuals facing challenges with credit card and unsecured debts. Their primary offering is a debt resolution program designed to help clients manage and resolve their debts within 24 to 48 months through negotiations with creditors, enabling clients to pay off their debts for less than the total owed. The company caters to a wide range of clients across various markets, including the United States and other regions where their services are legally recognized.
Alleviate Financial Solutions generates revenue through service fees related to their debt resolution programs. Clients engage in a structured enrollment process to discuss their financial needs and select services accordingly. This B2C model entails clients paying fees based on the support provided throughout the resolution process, with clear service agreements outlining the costs involved. Following the recent funding round in November 2025, during which Alleviate Financial Solutions secured USD 150 mn from Sound Point Capital Management, the company plans to enhance its platform and expand integration capabilities.
Future initiatives include the development of new products aimed at improving consumer debt resolution services and potential expansion into additional geographical markets.
Primary Industry
Financial Services
Sub Industries
e-Financial, Consumer Finance
Website
www.alleviatefinancial.com
Verticals
FinTech, FinTech, Mobile Apps
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.